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Gov’t plans to narrow VAT payment window

The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.

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Ayton and Suns eliminated

PHOENIX (AP) — Luka Doncic scored 35 points, Spencer Dinwiddie added 30 and the Dallas Mavericks stunned the top-seeded Phoenix Suns with a 123-90 Game 7 blowout last night, advancing to the Western Conference finals for the first time since 2011.

A reckless promise that might founder

TUESDAY’S first cabinet meeting of the newly-elected PLP government, marked Day One of its first 100 days of governing, Prime Minister Perry Christie announced. Day One was also marked with a warning salvo from Moody’s Investment Services, one of three major credit rating agencies.

$2m safety margin for City Markets pension fund

THE value of the City Markets' staff pension fund's main asset "supersedes" what is owed to plan beneficiaries by some $2 million, one of its trustees saying yesterday that he hoped to conclude a deal for its sale "within the next week".

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Young DJs show versatility

THE four young Bahamian deejays, part of were born in the 90's. Yet, their knowledge of a wide range of musical genres extends as far back as the 50's. THEY were born in the 1990s, but their knowledge of music goes

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

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Migration down overall - but rise in those headed to the US

ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.

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YOUR SAY: The challenges posed by Venezuelan government

THE Bahamas and the United States share a deep democratic tradition. With the most recent election in the Bahamas, I witnessed first-hand the power of that democracy and the dedication of the Bahamian people to that tradition. With nearly 90 per cen

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NAUGHTY'S NFL PICKS: ‘Myth has it Chiefs are unbeatable at home in playoffs...Lies I say’

SO there’s no confusion, there was a typo last week, my actual final tally was 164-90-2 for the regular season, (hey Sheldon Longley over there at my old stomping grounds, the Nassau Guardian, that’s a dead heat, so stop telling folks on FB you beat me! If you want to break the tie, my Cowboys were 13-3 your Dolphins 11-5, I win.)

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Banks suffer 37% profitability decline

Bahamian commercial banks saw total private sector loan arrears increase by $76m during the 2020 fourth quarter as the sector’s collective profitability shrunk by 37 percent year-over-year.

Loan arrears fall $125m in 2019 to decade-low

Total loan arrears fell by $123.5m or 15 percent during 2019 to hit their lowest level for a decade at year-end, a Central Bank of The Bahamas presentation has revealed.The monetary policy regulator, unveiling the status of credit quality within the

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Turnquest disappointed by Scotiabank move

DEPUTY Prime Minister Peter Turnquest is disappointed by Scotiabank’s decision to close branches at several islands and says the move would bring “hardship” for residents.

NPBA: Regulators get 72-66 win over Stingers

ALEXANDER Rolle came off the bench and scored 15 points to help power the Leno Regulators to a 72-66 victory over the PJ Stingers as the New Providence Basketball Association continued its regular season action on Saturday night. It was one of three games played at the AF Adderley Gymnasium.

Delinquent bank loans push beyond $1bn mark

Delinquent bank loans pushed beyond the $1 billion mark in May, with net passenger departures through the Bahamas’ major airport down 3.4 per cent for the first five months of 2017.

Power company applauded for work in restoring electricity

SARAH St George, vice-chairman of the Grand Bahama Port Authority (GBPA), has commended the Grand Bahama Power Company (GBPC) for the significant progress it has made in restoring power to the hurricane-ravaged island, reporting that 90 per cent of customers were energised as of Tuesday evening.

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Minnis calls on govt to declare 'disaster areas'

FREE National Movement Leader Dr Hubert Minnis has called on the Christie administration to declare all of the areas devastated by Hurricane Matthew "disaster areas", insisting that the move should be paired with robust exigency orders and extensive rate cuts by financial institutions and private business to "help rebuild the country and keep Bahamians safe”.

SKY'S THE LIMIT FOR $270K ROUTE INVESTMENT

By NEIL HARTNELL Tribune Business Editor Sky Bahamas expects to start seeing a return on its $270,000 investment in building its Marsh Harbour-West Palm Beach route in three months' time, telling Tribune Business it cost Bahamian-owned airlines twice as

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Concerns raised over Cuban immigration

FOREIGN Affairs Minister Fred Mitchell yesterday said the government was concerned with the potential impact changes to the Cuban exit visa policy could have on illegal migration, which he termed as the “most vexing issue” for Bahamians.

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Call for union chiefs to resign 'for failing hotel workers'

There has been a call for executives of the Bahamas Hotel Catering and Allied Workers Union to resign for failing to present to the Bahamas Hotel Employers Association a proposal in time for a new industrial agreement.